About Convergence Training
Convergence Training is a company based in Portland (United States) founded in 1997 was acquired by Vector Solutions in April 2018.. Convergence Training offers products and services including Convergence LMS, eLearning Courses, Vector EHS, and Vector Scheduling. Convergence Training operates in a competitive market with competitors including Worklete, BLR, Amesite, Emtrain and YellowBird, among others.
- Headquarter Portland, United States
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Sectors
TechnologyNatural Resources
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Email
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Phone
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Website
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Social
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- Legal Name Convergence Training, Llc
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Annual Revenue
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Latest Funding Round
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Employee Count
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Acquired by
Vector Solutions
(Apr 12, 2018)
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Products & Services of Convergence Training
Convergence Training offers a comprehensive portfolio of products and services, including Convergence LMS, eLearning Courses, Vector EHS, and Vector Scheduling. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for delivering and tracking industrial training courses.
Computer-animated modules on safety and operational skills.
Tools for incident reporting and compliance tracking.
Software for scheduling and workforce training needs.
Funding Insights of Convergence Training
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Convergence Training
Convergence Training has secured backing from 1 investor. Prominent investors backing the company include Vector Solutions. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Online courses are delivered for commercial, education, and public sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Convergence Training
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Convergence Training
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Convergence Training Comparisons
Competitors of Convergence Training
Convergence Training operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Worklete, BLR, Amesite, Emtrain and YellowBird, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Online training is provided to workers for reducing workplace injuries.
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Training solutions for employment, safety, and environmental compliance are delivered.
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Cloud-based learning platform is offered for colleges and universities.
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| domain | founded_year | HQ Location |
Compliance training and risk intelligence solutions are provided by Emtrain.
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| domain | founded_year | HQ Location |
Provider of on-demand safety, risk management, and compliance professional network
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| domain | founded_year | HQ Location |
Safety and emergency care training solutions are provided to organizations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Convergence Training
When was Convergence Training founded?
Convergence Training was founded in 1997.
Where is Convergence Training located?
Convergence Training is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
What does Convergence Training do?
Founded in 1997 and headquartered in Portland, United States, Convergence Training offers courses on environmental health and safety, mining safety, HR policies, and industrial maintenance for industries including pulp and paper, mining, packaging, manufacturing, and education. An online learning management system is also provided to handle training administration, learner assessment, and compliance tracking. The company operated as part of Capstone Technology until June 2016.
Who are the top competitors of Convergence Training?
What products or services does Convergence Training offer?
Convergence Training offers Convergence LMS, eLearning Courses, Vector EHS, and Vector Scheduling.
Who are Convergence Training's investors?
Convergence Training has 1 investor. Key investors include Vector Solutions.